Member News

DREAM Collaborative is a diverse and minority-owned architecture firm committed to bringing a broader perspective to the design process to better understand and serve the needs of our clients. We believe that a symphony of voices leads to more innovative thinking and ultimately to better business outcomes.

John Kelly, senior counsel and partner at Nixon Peabody International LLP, said he would retire as of Jan. 31. Kelly has more than 30 years of experience in affordable housing and has been a longtime advocate at both the state and federal level.

Vesta Corp. said its renovation of Park Yellowstone Apartment Homes in Houston was recently awarded the Texas Apartment Association’s Affordable Housing Redevelopment Award for creativity and innovation in affordable housing.

Enterprise Community Partners has named Judi Kende senior vice president and chief program officer of its Solutions division, which operates nationwide with program, policy, advisory and capacity-building arms at the national, state and local levels, the company said in a press release. The company said Kende will remain based in Enterprise’s New York City office […]

CBRE announced the recent permanent financing for The Reserve at Juban Lakes, a 132-unit affordable housing property to be built in Denham Springs, LA. Steve Wessler, senior vice president with CBRE, and Jeanne Marie Coronado, vice president with CBRE Affordable Housing, arranged $11.6 million in permanent financing with a 16-year forward rate-locked tax-exempt loan from […]

Citi and its Advisory Council are now soliciting applications for diverse fund managers to each manage $25 to40 million of CRA-qualifying private equity funds, the investment objective of which will be the preservation of affordable multifamily housing across the U.S. 

Nicole Ferreira will be joining Beacon Communities as executive vice president of development in New York. Ferreira served as the senior vice president of multifamily finance & development at the New York State Division of Homes and Community Renewal (HCR), where she managed the agency’s multifamily finance teams.

Novogradac announced Jan. 4 the elevation to partner of George Barlow Jr. and Rob Bryant from the Dover, Ohio, office; Chris Key from the Atlanta office; Brent Parker from the Long Beach, CA, office; and Lindsey Sutton from the Austin, TX, office. 

Pennrose announced the promotion of Patrick Stewart to regional vice president of the Maryland Region. Stewart will assume responsibilities for the region following the recently announced promotion of Ivy Dench-Carter to Senior Vice President for Development. 

Pennrose, LLC announced the promotion of Amon Martin to regional vice president of the southeast region effective Jan. 1, 2021 following the retirement of Mark Straub. In a statement, Pennrose said Martin joined Pennrose, LLC in 2016 as senior developer.

National Housing Trust partnered with Leading Age to analyze the QAPs from all 50 states to see how Housing Credit Allocating Agencies use LIHTCs to encourage the production and preservation of affordable housing specifically for older adults. The analysis revealed that:

Seven states have established a set-aside for creating or preserving affordable housing for older adults;
Twenty-seven states award points for creating or preserving affordable housing serving older adults;
Twenty states award points for providing certain features in affordable housing serving older adults; and
Three states provide a basis boost for crating or preserving affordable housing serving older adults.

Enterprise Community Partners, Inc. is launching an important effort in support of preserving rural rental housing throughout the Pacific Northwest. Rural Oregon partners within the Oregon Housing and Community Services (OHCS) funded portfolio and those with connections to affordable multifamily ownership within HUD and the USDA Rural Development portfolio should consider applying to participate.